Captain s quarters resort

VN garment sector to boost export growth The domestic textile and garment industry is expected to sustain growth in exports in the coming months, according to the Viet Nam Textile and Apparel Association (VITAS). Truong Van Cam, VITAS vice chairman and general secretary, said many textile and garment companies had signed contracts to produce export products in the third quarter of this year. Many Vietnamese garment firms had also sustained high growth this year in traditional markets such as the United States, the Republic of Korea, the European Union, and member-states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Cam said a series of recently-signed free trade agreements (FTAs) was expected to boost the sector. Since 2001, Viet Nam had signed bilateral trade agreements with the US, Japan, China, and the Republic of Korea, as well as Australia, New Zealand, and India, and joined the World Trade Organisation. However, global demand for textiles … [Read more...] about BUSINESS IN BRIEF 6/6

HCM City to start paper-free communications The move is aimed at enhancing the use of information technology and foster e-governance to make the government apparatus work more efficiently and transparently. More than 2,200 paper letters that are sent every year would now be replaced by SMSs and emails, saving more than 390 million VND (17,500 USD) according to the People's Committee Office. The committee also said it would no longer accept documents submitted without electronic files attached. Five fishermen on sunk fishing boat return to land Five fishermen on the QNg 90479 fishing boat that sank after being chased by Chinese boats arrived in Sa Ky port, the central province of Quang Ngai, on July 13 on the QNg 95001 TS fishing boat of captain Huynh Van Khanh. The fishermen then came to the Sa Ky border gate station to report on the incident on July 9. Captain Vo Van Luu of the QNg 90479 said when fishing at the Hoang Sa (Paracel) Islands, his boat was chased by two Chinese … [Read more...] about Social News 15/7

Heat wave continues in northern, central regions The temperature between 11am and 6pm today will stay above 35 degrees Celsius. The day temperature in Hà Nội can reach a high of 36 to 37 degrees Celsius or even higher in some areas. The centre said the heat wave would continue in the central region for the next two to three days, while the temperatures in the north would fall from tomorrow. Vietnam participates in ASEF Editors' Roundtable in Mongolia Editors from Asian and European media outlets discussed the roles and responsibility of journalists when reporting during the 8th ASEF Editors' Roundtable, held recently in Ulaanbaatar, Mongolia. The 8th ASEF Editors' Roundtable, themed "Asia-Europe Digital Connectivity", was organised in conjunction with the 11th Asia-Europe Meeting Summit (ASEM11) on July 7-9. About 20 senior commentators from esteemed media houses including Wenhui Daily (China), Frontline Magazine (India), The Jakarta Post (Indonesia), The Independent (Ireland), the … [Read more...] about Social News 11/7

Solutions sought for Mekong Delta climate change adaptation Solutions to the integrated management of water, energy and land resources to help the Mekong Delta adapt to climate change was the centre of discussion at a workshop in Can Tho city on June 13. The workshop was held by the Can Tho city People's Committee in collaboration with the Vietnamese Ministry of Science and Technology, the German Federal Ministry of Research and Education, and the Karlsruhe Institute of Technology. Concerning water resources, Professor Franz Nestmann, managing director of the Institute of Water and River Basin Management of the Karlsruhe Institute of Technology, cited his research saying that the Mekong Delta is facing complicated problems of natural resources, from saline intrusion, drought, landslides to floods and land subsidence, therefore solutions to adapting to climate change are a top priority. He also put forward many ideas such as limiting the exploitation of underground water and … [Read more...] about Social News 17/6

Banks pledge VND4 trillion for fishing boat building program Commercial banks have agreed to lend a combined VND4 trillion (US$178.5 million) to fishermen to build 365 new fishing boats and upgrade 20 old ones, according to the State Bank of Vietnam (SBV). The SBV said in a statement released on Monday that the loans account for 60-95% of the total needed to build and upgrade fishing vessels. Lenders have disbursed nearly VND2 trillion more than one year after the Government issued Decree 67/2014/ND-CP backing the development of the fisheries sector, including financing fishermen to buy high-capacity, steel boats for offshore fishing and thus increase incomes. Under the decree dated July 7, 2014, fishermen can borrow 70-95% of the amount needed to build and upgrade their boats depending on hulk and engine capacity. The lending term lasts 11 years and interest rates range from 1% to 3% per annum. At present, 84 new fishing boats and 12 upgraded ones have been put into use. Notably, … [Read more...] about Social News 13/3